26-02-2023, 11:00 AM
"Launched in March 2014, the operation had initially focused on agents known as doleiros (black market money dealers), who used small businesses, such as petrol stations and car washes, to launder the profits of crime. But police soon realised they were on to something bigger when they discovered that the doleiros were working on behalf of an executive at Petrobras, Paulo Roberto Costa, the director of refining and supply. This link led prosecutors to uncover a vast and extraordinarily intricate web of corruption.
Under questioning, Costa described how he, Cerveró and other Petrobras directors had been deliberately overpaying on contracts with various companies for office construction, drilling rigs, refineries and exploration vessels.
The contractors they were paying had formed an agreement to ensure they were guaranteed business on excessively lucrative terms if they agreed to channel a share of between 1% and 5% of every deal into secret slush funds."
https://www.theguardian.com/world/2017/j...sh%20funds.
Under questioning, Costa described how he, Cerveró and other Petrobras directors had been deliberately overpaying on contracts with various companies for office construction, drilling rigs, refineries and exploration vessels.
The contractors they were paying had formed an agreement to ensure they were guaranteed business on excessively lucrative terms if they agreed to channel a share of between 1% and 5% of every deal into secret slush funds."
https://www.theguardian.com/world/2017/j...sh%20funds.